GENTING MALAYSIA BERHAD

KLSE (MYR): GENM (4715)

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Last Price

2.60

Today's Change

-0.02 (0.76%)

Day's Change

2.60 - 2.63

Trading Volume

9,742,000


32 people like this.

42,763 comment(s). Last comment by metaverse 1 day ago

Max2838

459 posts

Posted by Max2838 > 2022-12-06 12:29 | Report Abuse

Pls check GenM annual report under List of Properties in USA...

DestinyL

4,724 posts

Posted by DestinyL > 2022-12-06 12:46 | Report Abuse

Oh ya saw that, some news articles were mentioning that the piece belongs to Genting Berhad, which is also not wrong lol

Max2838

459 posts

Posted by Max2838 > 2022-12-06 12:47 | Report Abuse

https://www.nst.com.my/news/politics/2022/12/858102/yes-pn-gave-rm50k-candidates-ge15-funds-not-gambling-companies-says

Good expose..... in the future, gambling companies and other listed companies and political parties will have to be more transparent in their dealings...

Income

10,338 posts

Posted by Income > 2022-12-06 18:20 | Report Abuse

Zzzzzzzzzzz?

sharemarket21

1,852 posts

Posted by sharemarket21 > 2022-12-06 18:21 | Report Abuse

Earlier concerns about Covid-19 prolonging and no tourist, GE PAS take control and no proper Government, RM continues freefall, Oil price hike burdening the people, Bursa value declining state. Well all these have been addressed except one when and how soon China full opening up. Long, short and ad hoc terms you choose. These little signs shall lead the stock to where it should belongs.

Shines

2,729 posts

Posted by Shines > 2022-12-06 19:37 | Report Abuse

Dont know true or not, tomorrow China announcing opening its borders

Posted by Michael_chan2022 > 2022-12-07 06:39 | Report Abuse

https://youtu.be/lY37rNs9NRQ

好料分享..,GenM technical analysis (技术分析)

Income

10,338 posts

Posted by Income > 2022-12-07 09:15 | Report Abuse

CHANGE YOUR HABITS
CHANGE YOUR LIFE
Alcohol — » Water
Junk Food — » Homemade Food
Failings — » Learning
Overthinking — » Actions
Blaming — » Responsibility
Toxic Friends — » Mentors
Complaining — » Gratitude
Netflix Series — » Sleep
Fake Influencers — » Inspiring Creators

Posted by Michael_chan2022 > 2022-12-07 12:45 | Report Abuse

https://youtu.be/lY37rNs9NRQ

好料分享..,GenM technical analysis (技术分析). Reaching strong support level... the most a few more cents drop... buy on dig la

Shines

2,729 posts

Posted by Shines > 2022-12-07 13:07 | Report Abuse

Looks like no buy no down policy by tge operator

Shines

2,729 posts

Posted by Shines > 2022-12-07 14:04 | Report Abuse

Top up Empire, CIMB says could be negative. Why say something that is not sure, if so capable say only that are very sure, those not sure keep in your waste paper basket.

Posted by Michael_chan2022 > 2022-12-07 14:26 | Report Abuse

China announces nationwide loosening of Covid-19 restrictions
https://www.straitstimes.com/asia/east-asia/china-announces-further-easing-of-covid-19-measures

Steady la..

DestinyL

4,724 posts

Posted by DestinyL > 2022-12-07 14:57 | Report Abuse

No point when LKT keep having RPT to rob your money from behind, again

RWG

1,051 posts

Posted by RWG > 2022-12-07 15:17 | Report Abuse

lim guan eng ask anwar to hoot genm with heavy tax again

bowman

2,496 posts

Posted by bowman > 2022-12-07 15:29 | Report Abuse

There, you can see the results analysis of Empire Resorts

https://in.investing.com/equities/empire-resorts-financial-summary

Posted by WinBigOrLoseAll > 2022-12-07 15:31 | Report Abuse

what a joke, 2019 finance report look for what???

RWG

1,051 posts

Posted by RWG > 2022-12-07 19:00 | Report Abuse

sell the catskill casino away lah, keep on burning cash on that

1pingpong

617 posts

Posted by 1pingpong > 2022-12-07 23:17 | Report Abuse

Big player entering at 2.58, 2.59.

DestinyL

4,724 posts

Posted by DestinyL > 2022-12-08 14:25 | Report Abuse

You need to minus maybe 10 sen every year to contribute to the boss's coffer

Income

10,338 posts

Posted by Income > 2022-12-09 05:49 | Report Abuse

I don’t respect LKT for his PPT moves.
Every year or maybe every few quarters make Genm bleeding???

DestinyL

4,724 posts

Posted by DestinyL > 2022-12-09 08:56 | Report Abuse

Absolutely despicable

Posted by Michael_chan2022 > 2022-12-09 15:23 | Report Abuse

LKT chose this timing to announce the RPT... 简直是混水摸鱼

Posted by Michael_chan2022 > 2022-12-09 15:24 | Report Abuse

It's time for action, buy the dip

Posted by Michael_chan2022 > 2022-12-09 18:16 | Report Abuse

撈吧....一起撈到農曆新年

Posted by Michael_chan2022 > 2022-12-09 18:17 | Report Abuse

撈个盆滿桶滿... 一起过个大肥年

Posted by NatsukoMishima > 2022-12-12 22:06 | Report Abuse

Genm , genting now are totally different from 20 years ago , not worth to invest anymore , better look for other cheap value stocks like vstec , gtronics ,swift haulage ...

Posted by WinBigOrLoseAll > 2022-12-13 09:20 | Report Abuse

HLB looks good for the extra US100M pumped into Empire. Actually i have same thought, to me it is not so bad to buy additional shares of the Empire Resorts because you can see it is starting making money now.

In addition, Empire also opened up the opportunity for the group to (i) win the bid in mobile sports betting license in Mar 2022; and (ii) expand and operate its new Resorts World Hudson Valley (RWHV), a 90k sqft facility featuring 1.2k video lottery terminals, a bar and a lounge, which is targeted to open in Dec 2022. The opening of RWHV is expected to contribute positively to Empire’s earnings in the coming quarters given that it’s a low capex venture resulting in only marginal incremental depreciation expense post opening.

Posted by Michael_chan2022 > 2022-12-13 18:02 | Report Abuse

https://youtu.be/Nt7rGHoG64w

Value investing is buying cheap, low valuation stock... GenM is super cheap now

Shines

2,729 posts

Posted by Shines > 2022-12-13 18:55 | Report Abuse

Not really cheap, it is the potential growth that is worth to take a look. Once bottom line improves the PE will be back to normal.

Max2838

459 posts

Posted by Max2838 > 2022-12-14 10:07 | Report Abuse

Comparing GenS (Genting Singapore) and GenM (Genting Malaysia) is just like comparing the countries' performance. Singapore keeps on out-performing and Malaysia keeps chasing its tail.
GenM is cheap (on valuation, etc) but with high debts and GenS has better operating metrics & margins. GenS shr price keeps climbing up!
Solution for GenM : Sell off all Miami assets fast. 2022-2023 is peak for Miami real-estate prices. Why wait for US$1.5 B to sell?

Income

10,338 posts

Posted by Income > 2022-12-14 14:07 | Report Abuse

Fire

Gnanasong

178 posts

Posted by Gnanasong > 2022-12-14 16:45 | Report Abuse

Price target 3.44, ambituous or no?

Income

10,338 posts

Posted by Income > 2022-12-14 17:28 | Report Abuse

TP not very high lah. Can achieve.

Max2838

459 posts

Posted by Max2838 > 2022-12-14 17:29 | Report Abuse

Lottery Development in New York : It's sole mission is to earn revenue for education. It started as an entertainment business, now it supports education statewide. To maintain financial integrity, the lottery's financial drawings and financial statements are monitored and audited independently.
MY education system needs a revamp and funds to upgrade. If all tax collected from gaming companies are disbursed to the MY Education dept (monitored and audited independently), then this may stop leakages and contributions by gaming companies to politicians and political parties. Then, approving more gaming licences and granting extra lottery draws should not be an issue when there is an election as all are committed to the support of education. Should there be a nexus between gaming companies and schools....? Else, both will lose lose....

Income

10,338 posts

Posted by Income > 2022-12-14 17:43 | Report Abuse

I think next year easily TP3.50

Posted by ikanbiliskering > 2022-12-15 09:40 | Report Abuse

secret santa slowly collect-ing

Posted by Michael_chan2022 > 2022-12-15 09:45 | Report Abuse

Be very patience...one small step, is a one giant leap for Genting stock..

Max2838

459 posts

Posted by Max2838 > 2022-12-15 10:37 | Report Abuse

The grand opening of Resorts World Hudson Valley will take place on Wednesday, December 28, company executives announced.
Located in Orange County at the Newburgh Mall, just 60 miles north of Manhattan, RWHV will feature 50,000 square feet of gaming and hospitality space, including 1,200 state-of-the-art slot machines and electronic table games, as well as the Resorts World Bet Sports Bar.

Max2838

459 posts

Posted by Max2838 > 2022-12-15 10:49 | Report Abuse

GLASS HALF-FULL
Lim KT will likely toast the new year with a glass half-full because there is as much to cheer about as there were setbacks. Genting finally has an operating address on Las Vegas Boulevard, almost a decade after buying the Echelon plot from Boyd Gaming. Lim is sailing again after reincarnating a new cruise business in Singapore.

The Resorts World properties in Malaysia and Singapore are swinging back to health now that COVID-19 is well and truly endemic in the two countries. The Big Apple beckons, where Genting is an “incumbent” and favourite to get one of the three commercial casino licences in New York City. Queens is not quite Manhattan, but a new NYC casino licence in 2023 will be a more than fitting baton for the Lim family’s third generation to take over the business empire.

Good123

24,748 posts

Posted by Good123 > 2022-12-16 09:19 | Report Abuse

tanah runtuh ada kematian... tengok siapa mau pergi kini


https://www.channelnewsasia.com/asia/malaysia-genting-highlands-landslide-people-feared-trapped-rescued-3148661

Good123

24,748 posts

Posted by Good123 > 2022-12-16 09:19 | Report Abuse

tanah runtuh ada kematian... tengok siapa mau pergi kini


www.channelnewsasia.com/asia/malaysia-genting-highlands-landslide-people-feared-trapped-rescued-3148661

Good123

24,748 posts

Posted by Good123 > 2022-12-16 09:24 | Report Abuse


KUALA LUMPUR (Dec 16): Two people are dead and more than 50 are missing after a landslide struck a campsite in Malaysia early on Friday, officials said, as search and rescue personnel scoured the site for survivors.

The landslide in Selangor state, on the outskirts of capital, Kuala Lumpur, occurred about 3 a.m. (1900 GMT) on the side of a road near a farmhouse that provides camping facilities, the state fire and rescue department said in a statement.

A total of 79 people were caught in the landslide and 23 had been found safe, the department said. In addition to the two dead, three were injured and 51 were still missing.

The landslide fell from an estimated height of 30 metres (100 ft) above the campsite, and covered an area of about one acre (0.4 hectare), the department's director, Norazam Khamis,

said.

The disasterstruck just outside the Genting Highlands, a scenic hill country area in Batang Kali district, north of the capital that is popular for its resorts and natural beauty.

Selangor is the country's most affluent state and has suffered landslides before, often attributed to forest and land clearance.

The region is in its rainy season but no heavy rain or earthquakes were recorded overnight.

A year ago, about 21,000 people were displaced by flooding from torrential rain in seven states across the country.

OnTime

2,074 posts

Posted by OnTime > 2022-12-16 14:23 | Report Abuse

bad god? i never know of a god that punishes the innocents, including children

M2

1,240 posts

Posted by M2 > 2022-12-16 15:07 |

Post removed.Why?

Junx Leow

511 posts

Posted by Junx Leow > 2022-12-16 17:48 | Report Abuse

M2, if you are not helping any there and pls dun spread bad to other people as you r not welcome..god won't stand with you for your bad comment and bad heart

gogogolee

133 posts

Posted by gogogolee > 2022-12-16 18:23 | Report Abuse

all bad comment and bad heart from undi_pas, not m2

OnTime

2,074 posts

Posted by OnTime > 2022-12-16 18:39 | Report Abuse

agreed. talibans are the bad guys here

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